The Motorola DVX, the affordable variant of the Moto X which was announced earlier this year, is inching closer to its own official announcement with each passing day. According to a reliable source from China, the device will cost between 1200 to 1500 Yuan, which translates to roughly $200 (we are taking a safe bet at $250). Mind you, the prices here are without any contract whatsoever.

For the lower price tag, you do get lesser features as well. The dual-core Snapdragon processor will give way for a cheaper solution. The DVX will come with a smaller 4.5-inch LCD display (instead of AMOLED), dual SIM slots and removable back covers as well (to allow for easily exchangeable batteries).